Company / Goodwill
Ares Management Goodwill History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Goodwill
$3.5B
FY2025
5-year range
$371.0M / $3.5B
FY2021-FY2025
Trend
+197.1%
vs FY2024
Sector context
#51 of 316
Financials
What the data says
Ares Management's goodwill of $3.5B is higher than 84% of companies in the Financials sector (FY2025). Goodwill has increased for 6 consecutive years, from $144M in FY2019 to $3.5B in FY2025.
Based on SEC 10-K filings.
$3.5B in FY2025 with a 5-year CAGR of +88.8%. Top quartile in the Financials sector.
Improved from $1000M to $3.5B over the past 2 years.
Financials sector context is included.
Goodwill over time
Growth rates
- 3-Year CAGR
- +63.7%
- 5-Year CAGR
- +88.8%
- 10-Year CAGR
- -
Sector benchmark
Top 16% in FinancialsTop 16% of 316This company $3.5B Sector average $3.2B
▼
+6.6% above sector average
Key checks
Key Insights
- Ares Management's goodwill has grown for 6 consecutive years.
- 5-year CAGR of +88.8%, indicating consistent growth.
- In FY2025, goodwill increased 197.1% year-over-year.
- Ranks #51 out of 316 companies in the Financials sector.
Company context
Key Data Points
- Altman Z-Score 0.20 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | GoodwillValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $3.5B | +197.1% |
| FY2024 | $1.2B | +16.3% |
| FY2023 | $999.7M | +26.9% |
| FY2022 | $788.0M | +112.4% |
| FY2021 | $371.0M | +157.9% |
| FY2020 | $143.9M | +0.0% |
| FY2019 | $143.8M | +0.0% |
| FY2018 | $143.8M | -0.1% |
| FY2017 | $143.9M | -0.1% |
| FY2016 | $144.1M | +0.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026